Week of: 12/13/21 – 12/17/21
The World Wealth Gauge is showing risk-off across most parameters with money flowing from small caps to midcaps, which typically means the market is conservative.
Some of the currencies are showing us a risk on indicator and that’s what we are going to pay attention to today.
My favorite trade this week is NZDUSD.
I’m looking to buy at 0.6650 and have a stop set at 0.6510. And my target is set at 0.7000.
I’ll also talk about how we are looking at potentially 445 pips with this trade and an amazing pattern playing out for this currency pair.
Check out this week’s top picks video for strategy details.
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